Reuters - The euro was at eight-week high and European shares rose on Wednesday on hopes that a deal on a second bailout for Greece was close, shrugging off data illustrating the damage the debt crisis has done to the region's economy.

Reuters - Greek parties will try again on Wednesday to agree a reform deal in return for a new international rescue to avoid a chaotic default, after delays prompted some EU leaders to warn that the euro zone can live without Athens.

Reuters - Yahoo Inc Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo Japan.

Reuters - Nissan Motor Co (7201.T) pushed up quarterly operating profit by 3.6 percent as record car sales last year boosted its market share in every major region, and it kept its full-year forecast unchanged at the highest level among Japan's top automakers.
Reuters - Standard and Poor's cut its long-term debt rating on Sony Corp on Wednesday to BBB+, warning it may drop the consumer electronics giant a further notch within a year unless it shows it can achieve a significant turnaround in profitability.